MSME

0

Physical during (2017-18)

No. of Applications

More info

0.0000

Financial during (2017-18)

Rs in Lakh

More info

2772744

Physical Upto (2017-18)

No. of Applications

More info

12878723.5000

Financial Upto (2017-18)

Rs in Lakh

More info

Credit Guarantee Scheme (CGTMSE)


Know about this scheme :-

Related Scheme Scheme for 'Credit Guarantee Scheme for Micro and SmalI Enterprises'
Description Banks and financial institutions are provided credit guarantee by CGTMSE(Trust) under this scheme so that they can in turn lend collateral free credit to MSEs
Nature of assistance Credit Guarantee to banks and financial institutions for lending collateral-free credit to MSEs.
Who can apply? Banks and financial institutions can apply to CGTMSE for credit facilities to MSEs.
Download Scheme Guidelines

ACHIEVEMENTS SO FAR :-

Objectives
To make available credit to Micro and Small Enterprises for loans up to Rs. 200 lakh without collateral/ third party guarantees

CGTMSE has been set up to strengthen credit delivery system and facilitate flow of credit to the MSE sector. The credit Guarantee under CGTMSE seeks to reassure the lender that, in the event of a MSE unit, which availed collateral free credit facilities, fails to discharge its liabilities to the lender; the CGTMSE would make good the loss incurred by the lender.

Features
Establishment of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the credit Guarantee Scheme for Micro and Small Enterprise launched in August, 2000. The corpus of the Trust has been recently enhanced from Rs.2500 crore to Rs.7500 crore. The entire enhancement in the corpus would be funded by Government of India.

Activities
The Scheme covers collateral free credit facility (term loan and/ or working capital) extended by eligible lending institutions to new and existing micro and small enterprises up to Rs. 200 lakh per borrowing unit. The guarantee cover provided is up to 75% of the credit facility up to Rs.50 lakh (85% for loans up to Rs. 5 lakh provided to micro enterprises, 80% for MSEs owned/ operated by women and all loans to NER) with a uniform guarantee at 50% of the credit exposure above Rs.50 lakh and up to Rs.200 lakh. A composite all-in Annual Guarantee Fee of 1.0 % of the credit facility sanctioned (0.75% for credit facility upto Rs. 5 lakh and 0.85% for above Rs. 5 lakh and upto 100 lakh for Woman, Micro Enterprises and units in NER including Sikkim) is now being charged.

Performance :

Sl. No. FY Financial Expenditure
(Rs. in Crore)
Physical Achievements
1 2007-08 to 2011-12 657.01 733361
2 2012-13 35.00 288537
3 2013-14 74.99 348475
4 2014-15 74.99 403422
5 2015-16 70.99 513978
6 2016-17 715.68 452127
Total 1628.66 2739900

Last updated date : 25/04/2017

Related Scheme Scheme for 'Credit Guarantee Scheme for Micro and SmalI Enterprises'
Description Banks and financial institutions are provided credit guarantee by CGTMSE(Trust) under this scheme so that they can in turn lend collateral free credit to MSEs
Nature of assistance Credit Guarantee to banks and financial institutions for lending collateral-free credit to MSEs.
Who can apply? Banks and financial institutions can apply to CGTMSE for credit facilities to MSEs.
Download Scheme Guidelines

ACHIEVEMENTS SO FAR :-

Objectives
To make available credit to Micro and Small Enterprises for loans up to Rs. 200 lakh without collateral/ third party guarantees

CGTMSE has been set up to strengthen credit delivery system and facilitate flow of credit to the MSE sector. The credit Guarantee under CGTMSE seeks to reassure the lender that, in the event of a MSE unit, which availed collateral free credit facilities, fails to discharge its liabilities to the lender; the CGTMSE would make good the loss incurred by the lender.

Features
Establishment of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the credit Guarantee Scheme for Micro and Small Enterprise launched in August, 2000. The corpus of the Trust has been recently enhanced from Rs.2500 crore to Rs.7500 crore. The entire enhancement in the corpus would be funded by Government of India.

Activities
The Scheme covers collateral free credit facility (term loan and/ or working capital) extended by eligible lending institutions to new and existing micro and small enterprises up to Rs. 200 lakh per borrowing unit. The guarantee cover provided is up to 75% of the credit facility up to Rs.50 lakh (85% for loans up to Rs. 5 lakh provided to micro enterprises, 80% for MSEs owned/ operated by women and all loans to NER) with a uniform guarantee at 50% of the credit exposure above Rs.50 lakh and up to Rs.200 lakh. A composite all-in Annual Guarantee Fee of 1.0 % of the credit facility sanctioned (0.75% for credit facility upto Rs. 5 lakh and 0.85% for above Rs. 5 lakh and upto 100 lakh for Woman, Micro Enterprises and units in NER including Sikkim) is now being charged.

Performance :

Sl. No. FY Financial Expenditure
(Rs. in Crore)
Physical Achievements
1 2007-08 to 2011-12 657.01 733361
2 2012-13 35.00 288537
3 2013-14 74.99 348475
4 2014-15 74.99 403422
5 2015-16 70.99 513978
6 2016-17 715.68 452127
Total 1628.66 2739900

Last updated date : 25/04/2017